Devon Energy Short Interest Drops 19.5% in February

Decline in short positions suggests increased investor confidence in the energy company

Mar. 15, 2026 at 2:41pm

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Devon Energy Corporation (NYSE:DVN) saw a significant decline in short interest during the month of February, with the number of shares sold short dropping by 19.5% to 15,409,222 shares. This represents approximately 2.5% of the company's total outstanding shares. The decrease in short interest suggests growing investor confidence in the energy company.

Why it matters

The drop in short interest for Devon Energy could indicate that investors are becoming more bullish on the company's prospects. Reduced short interest often signals that traders are less bearish on a stock, which can lead to increased buying pressure and potentially higher share prices.

The details

According to the report, the short interest in Devon Energy declined from 19,141,818 shares on February 12th to 15,409,222 shares as of February 27th. Based on the company's average daily trading volume of 10,432,999 shares, the current short interest ratio is 1.5 days, meaning it would take short sellers 1.5 days to cover their positions at the current pace of trading.

  • As of February 27th, 2026, Devon Energy had short interest totaling 15,409,222 shares.
  • On February 12th, 2026, Devon Energy had short interest totaling 19,141,818 shares.

The players

Devon Energy Corporation

An independent oil and gas exploration and production company headquartered in Oklahoma City, Oklahoma.

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The takeaway

The decline in short interest for Devon Energy suggests that investors are becoming more optimistic about the company's future prospects. This could lead to increased buying pressure and potentially higher share prices if the trend continues.